Bank of England official warns stablecoin boom could boost US dollar dominance

🚨 Bank of England official warns stablecoin growth could strengthen US dollar dominance.
💸 Dollar-backed stablecoins hold $150 billion in US Treasurys as reserves.
📈 Over 98% of stablecoin value is now tied to the US dollar.
📊 UK regulators accelerate efforts to boost British pound stablecoins.

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